Str8 Cash Homie

Summary:

- Effective Sept. 1, 2022 through Dec. 31, 2026

- Highest permanent Captain scales in regional industry (no snap-back)

- Average 62% and 72% scale increase for ERJ and CRJ Captains, respectively

- Allows FOs to earn Captain pay at 750 Part 121 hour

- 401(k) Program sets the bar for regional industry

- 3% Direct Company Contribution to 401(k)

- Company match is 100% dollar-for-dollar

- All Company Contributions vest immediately

- More days off per month than any other regional pilot group

- 18 duty days max unless waived (12 days off for 30-day month; 13 days off for 31-day month)

- No stand-alone ready reserve

- Additional Productivity Override – Above 90 hours will be paid at 150% 150/200/300% premium remains through contract term

- Per Diem increase to $2.15 immediately at signing and $2.25 on Jan. 1, 2024

- Codified 70/30 cost share for pilot health care with 8% annual increase cap Enhanced work rules that were already top tier in industry

- Simplified to one scale for all aircraft types

Str8 Cash Homie

Captain TA Pay

Total includes: Wages + 401k + Per Diem

Year 1: $152,747
Year 2: $159,691
Year 3: $164,088
Year 4: $169,050
Year 5: $174,012
Year 6: $183,942
Year 7: $189,047
Year 8: $194,152
Year 9: $199,257
Year 10: $204,362
Year 11: $213,257
Year 12: $218,412

(2024-2026 +2.5% per year)

5-Year ERJ Captain expected income crediting 1,200 hours (supposedly the current “average”): $226,940

Str8 Cash Homie

First Officer TA Pay

Year 1: $71,000
…
Year 7: 85,572




First Officer TA with 750+ hours (requires upgrade bid)

Pay rate $144.91 per hour

Str8 Cash Homie

I hope this helps for the onlookers that keep asking for details to the new TA.

TFAYD

What does “no stand alone” ready reserve mean? Ready reserve after a trip is still OK?

SlipIt

Thank you for posting. Starting next month.

MooseAg03

Just to be clear, year 1 FO pay rate is $60. Year 2 $63.

To get CA pay at 750 hrs you have to put in an unrestricted bid for Captain. I’m sure that means any base any aircraft.

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domino

The QOL improvements are even better. The car salesmen are gonna have an easy job selling this turkey

Apophenia

It means they can no longer build RDY pairings that don’t have any legs. Previously they could build a pairing that was simply 8 hours of ready-reserve and slap it on a reserve’s schedule.

RDY at the end of a pairing will still exist

cornerpocket

Thank you for this info. Regarding the 401k, How do I interpret this? The company will automatically contribute 3% of your pay into your 401k, and then match dollar for dollar with no cap?